Housing Wire

JANUARY 22, 2024

Top-producing mega team PREMIERE Group is joining fast-growing firm The Real Brokerage , according to an announcement on Monday. Founded in 2017 in Greensboro, North Carolina by David Keener, the PREMIERE Group operates as a teamerage , providing agents with marketing and operations resources. Keener’s teamerage was ranked No.

Brokerage 476

Brokerage Agents Realty Clients 476

Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Clients 459

Clients Agents Buyers Sellers 459

Housing Wire

JULY 24, 2024

Real estate companies are using artificial intelligence (AI) to improve agent productivity, which they believe will be even more necessary due to changes to their commission structure — mainly on the buyer’s side. In June, the company launched a real estate assistantt, KWIQ , that is powered by generative AI.

Agents 468

Agents Brokerage Real Estate Agent Real Estate 468

Housing Wire

JUNE 18, 2024

Invariably, these same articles classify all real estate brokerages and models as identical. Perhaps there are internal policies within some of the companies that are standardized, but the categorization of all brokerages as identical showcases the ignorance of the author. Suppose that agent reduced the commission to 2%.

Brokerage 459

Brokerage Real Estate Agents Clients 459

Housing Wire

JANUARY 14, 2025

When I started my first brokerage in my late twenties, I was full of ambition but had no idea what to expect. If your dream is to own your own brokerage and manage a team of top-performing agents, leading your team to success means much more than hanging a new license on your wall. The terms used vary by state.

Real Estate 370

Real Estate Brokerage Agents Real Estate Agent 370

Housing Wire

AUGUST 12, 2024

Many brokerage firms are trepidatiously moving to a model with no cooperative compensation in light of the impending business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement. refuses to work with buy-side agents. Peter Voss at 3% Listing Co.

Brokerage 448

Brokerage Agents Sellers Buyers 448

Housing Wire

SEPTEMBER 25, 2024

The Real Brokerage has scored a 13-for-1 deal. With the affiliation of the RealD2D Team, Real is adding 40 agents to its footprint in 13 different states, providing the company with the relatively rare opportunity to expand in more than one metropolitan area. At the end of 2021, there were 3,850 agents at Real.

Brokerage 397

Brokerage Agents Client Relationships Real Estate 397

Housing Wire

NOVEMBER 1, 2024

So, let’s start with the basics: What is a real estate broker vs. an agent? To answer that, we’ll take a deep dive into the differences between the many types of real estate professionals, including a real estate agent and a real estate broker. Summary What is a real estate agent? What does a real estate agent do?

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

AUGUST 15, 2024

The new rules mandated by the National Association of Realtors ‘ (NAR) settlement of class-action lawsuits related to buyer agent commissions take effect in just two days, and brokerages and MLSs are scrambling to find the best ways to implement them. Our focus is on education and providing resources to all agents.

Brokerage 448

Brokerage Training Agents Clients 448

Housing Wire

SEPTEMBER 20, 2024

The nation’s largest brokerage by transaction sides is increasing its footprint. On Thursday, eXp Realty announced the affiliation of independent brokerage Grand Lux Realty. Founded in 2006 by Michael Levy, Grand Lux Realty is based in Westchester County, New York , and has more than 200 agents.

Realty 433

Realty Brokerage Clients Agents 433

Housing Wire

JULY 17, 2024

Compass continues to welcome top-producing agents to the firm. Earlier this month, the brokerage announced that it was welcoming 30 agents in South Florida from the Engel & Völkers -brokered SWF Premium Real Estate Team. The team will be part of Compass’ newly opened office in downtown Naples. “We

Agents 448

Agents Brokerage Real Estate Clients 448

Housing Wire

SEPTEMBER 27, 2024

The majority of homebuyers are still expecting sellers to cover their agent’s compensation, according to The Real Brokerage ’s August 2024 agent survey. 15, recording the responses of roughly 300 agents across North America. 15, recording the responses of roughly 300 agents across North America. 30 and Sept.

Sellers 511

Sellers Agents Buyers Brokerage 511

Housing Wire

SEPTEMBER 10, 2024

To help you find the best real estate website builder for your needs, our team of agents, brokers, and tech experts researched and ranked the best real estate website builders for 2024. Instead of learning to code or wrestling with WordPress, you can get your website up and running in an afternoon. stars on every major review platform.

Real Estate Agent 448

Real Estate Agent Real Estate Brokerage Agents 448

Housing Wire

JULY 25, 2024

Real estate brokerage Radius Agent is launching its own Transaction Management Suite (TxM Suite), according to an announcement on Thursday. The TxM Suite is part of the existing Radius Office app and is integrated with the brokerage’s AI assistant, Mel. Radius Agent is creating the tools real estate entrepreneurs need now.

Agents 445

Agents Real Estate Brokerage Investors 445

Housing Wire

SEPTEMBER 6, 2024

Real estate agents largely felt prepared to tackle the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , according to the recently published Stephens Summer 2024 Real Estate Agent Survey.

Agents 448

Agents Real Estate Agent Brokerage Realty 448

Housing Wire

SEPTEMBER 18, 2024

Fathom Holdings , the parent company of Fathom Realty , has joined the list of corporate brokerages to settle the commission lawsuits. Our unwavering commitment to providing excellent service to our agents, clients, and customers remains steadfast,” Marco Fregenal , the CEO of Fathom Holdings, said in a statement. “We

Brokerage 448

Brokerage Legal Fees Realty Legal 448

Housing Wire

AUGUST 26, 2024

The brokerage has expanded its roster in Houston with the addition of Natasha Simon, who brings $892 million in career sales across 1,200 transactions to the company. Earlier this month, Compass landed Prospect Real Estate Team , an eight-person brokerage in Austin that brings $1.21 billion in sales since 2018.

Agents 435

Agents Brokerage Realty Real Estate 435

Housing Wire

AUGUST 23, 2024

In the newest episode of the RealTrending podcast , host Tracey Velt chats with Ryan Michaelis, chief growth strategist at Worth Clark Realty , about business growth through recruitment, flat-fee models for agents and the effects of the National Association of Realtors ’ (NAR) settlement on buyers and sellers across the industry.

Brokerage 435

Brokerage Property Management Agents Real Estate 435

Housing Wire

NOVEMBER 4, 2024

The Real Brokerage ‘s expansion trend has continued with another major acquisition. The digital brokerage platform announced on Monday the addition of Amerivest Realty , a Florida-based brokerage, adding 400 agents across Florida , Colorado , Minnesota and Wisconsin to Real’s platform.

Realty 397

Realty Agents Brokerage Tools 397

Housing Wire

DECEMBER 4, 2024

While the commission lawsuits and the business practice changes outlined in the National Association of Realtors’ (NAR) settlement occupied notable portions of 2024 for The Real Brokerage , impressive organic growth is the firm’s true highlight of the year. I think 2025 is going to be another major growth year for us,” Poleg said.

Brokerage 397

Brokerage Agents Technology Clients 397

Housing Wire

MARCH 22, 2024

I’m sharing a transformative announcement with you today, one that marks a new era for RealTrends and propels forward the vision of bringing transparency to what it means to be a top-performing real estate brokerage, team or agent. You work hard to serve clients and grow your business.

Brokerage 448

Brokerage Real Estate Agents Sellers 448

Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. No other brokerage can offer agents a big traditional split and all the benefits, support, technology and customer introductions that we provide here at Redfin.

Agents 448

Agents Marketing Brokerage Real Estate 448

Housing Wire

MAY 29, 2024

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed James F. Wood, the brokerage announced on Tuesday. It is very comforting to have such resources at my fingertips as I focus on helping my clients achieve their goals.” Wood “Coldwell Banker Realty is proud to partner with James F.

Realty 458

Realty Agents Luxury Properties Brokerage 458

Housing Wire

JULY 15, 2024

Compass has nabbed a pair of top agents to add to its teams in Florida and Colorado. The industry’s leading technology platform, supportive company culture, and vast marketing resources at Compass align perfectly with my vision for delivering exceptional service and results to my clients.” She ranked No.

Agents 434

Agents Brokerage Real Estate Business 434

Housing Wire

MAY 7, 2024

With a 67% annual increase in agent count to 16,680 agents during the first quarter of 2024 , it is no surprise that The Real Brokerage also recorded an 86% annual increase in revenue to nearly $201 million. That means we believe a skilled agent will outperform an unskilled agent 10 to 1.

Agents 459

Agents Brokerage Training Business 459

Housing Wire

JULY 24, 2024

The Real Brokerage has poached a high-performing Realtor team in Cleveland. Real has been among the fastest growing brokerages since its founding 10 years ago. Real has been among the fastest growing brokerages since its founding 10 years ago. Real now has agents in all 50 states and four Canadian provinces.

Agents 459

Agents Brokerage Training Real Estate 459

Housing Wire

NOVEMBER 14, 2024

While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for real estate agents to grow their business in a variety of ways. Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox. Join Lab Coat Agents 2.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Realtors 418

Housing Wire

OCTOBER 1, 2024

The role and value of real estate agents has come under scrutiny since the National Association of Realtors (NAR) settled a bevy of antitrust lawsuits related to offers of agent compensation on Realtor-owned multiple listing services (MLSs). What we want to do is be able to bring to light everything the agents are actually doing.”

Agents 448

Agents Real Estate Agent Real Estate Brokerage 448

Housing Wire

NOVEMBER 13, 2024

Compass is certainly known for luxury property sales , but the nation’s top brokerage based on sales volume is looking to offer even more support to agents working on these types of deals. On Tuesday, the firm launched Compass Resort, a network for agents in vacation-home markets and clients searching for second homes.

Agents 370

Agents Marketing Luxury Properties Real Estate 370

Housing Wire

AUGUST 1, 2024

Under the terms of the settlement, agents will no longer be allowed to share their seller’s offers of buyer broker compensation on an MLS. Training on forms has been a central focus of brokerages across the country. And the agents are scared,” Lamacchia said. Like the athletes in Paris, Realtors and brokers across the U.S.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Business 448

Housing Wire

OCTOBER 1, 2024

g)(1)(v) exemptions allow payments pursuant to cooperative brokerage and referral arrangements between real estate agents and real estate brokers. This limited exemption on kickbacks only applies to fee divisions within real estate brokerage arrangements when all parties act in a real estate brokerage capacity.

Agents 435

Agents Real Estate Real Estate Agent Brokerage 435

Housing Wire

MAY 8, 2024

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In We are a company of top agents.” annual increase in the number of transactions closed by Compass agents, which came in at 38,449 sides for a volume of $40.1 in 2003. “We

Agents 468

Agents Real Estate Brokerage Clients 468

Housing Wire

SEPTEMBER 20, 2024

In a new episode of the HousingWire Daily podcast , Editor in Chief and host Sarah Wheeler sits down with eXp Realty CEO Leo Pareja to discuss the National Association of Realtors ‘ (NAR) commission lawsuit, the new rules that agents are facing, and how eXp is helping agents navigate these challenges to thrive in the marketplace.

Agents 435

Agents Brokerage Real Estate Tenants 435

Housing Wire

JULY 11, 2024

RE/MAX is expanding its footprint in Salt Lake City with the acquisition of a 60-agent team. “RE/MAX has the tools and systems and resources that agents need in today’s real estate environment,” Mehinovic said in a statement. “I I want to provide my agents what they need to best serve their clients. “I

Agents 459

Agents Real Estate Brokerage Business 459

Housing Wire

SEPTEMBER 26, 2024

In the six months since news of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. This is according to a study published earlier this week by real estate technology firm Clever Real Estate.

Real Estate Agent 488

Real Estate Agent Real Estate Agents Buyers 488

Housing Wire

SEPTEMBER 30, 2024

Adrian Jacobs, a luxury agent who has sold more than $29 million in volume over the past year, has rejoined Compass’s Dallas office from Douglas Elliman. Compass provides the resources and support that will allow me to execute on these opportunities effectively, ensuring my clients are always in the right position at the right time.”

Agents 435

Agents Real Estate Brokerage Clients 435

Housing Wire

SEPTEMBER 9, 2024

Roughly a year after launching its new agent payment plan, Redfin has announced that it is expanding Redfin Next to agents nationwide, according to an announcement on Monday. 27, all Redfin agents who enroll in the plan will earn commission splits of up to 75%. Beginning Oct. Louis; and Virginia.

Agents 459

Agents Real Estate Brokerage Technology 459